Saudi Arabian International Maritime Industries (IMI) inked a Vessel Purchase Agreement (VPA) with Bahri, a logistics and transportation company, to construct one 319,000 DWT Class Crude Oil Carrier with delivery expected in October 2021.
During a visit to a ship in the Thames for London International Shipping Week the UK’s Prime Minister announced that he will bring the shipbuilding industry back to the UK, creating additional jobs in the British Shipping industry, and strengthen the Royal Navy.
Taiwan-based Evergreen confirmed plans for the construction of a total of ten 23,000 TEU containership giants at three different shipyards. The company will order six ships at South Korean shipbuilder Samsung Heavy Industries, two at China’s Jiangnan Shipyard and another two at Hudong Zhonghua Shipbuilding.
Following the damaging effects of Hurricane Dorian, which disrupted operations for many ports and changed cruise lines’ routes, the Freeport-based Grand Bahama Shipyard announced that it is back in operation, after being slightly damaged by the storm.
Following years of dwindling shipbuilding orders, South Korea retained the top spot in global shipbuilding orders for the fourth consecutive month in the row in August, according to data provided by the Ministry of Trade, Industry and Energy released on Sunday.
Croatian struggling 3. Maj Shipyard announced the completion of the construction of a bulk carrier for Algoma, Canadian shipping company, which the latter cancelled last year after 3. Maj failed to meet its contractual obligations.
Beijing-based China CAMC Engineering announced the signing of a USD 211 million contract to expand the Thilawa Shipyard in Myanmar, formerly known as Burma, Monday. CAMCE will build a dry dock with capacity 40,000 tons and supporting facilities over the next six years.
The US Coast Guard shared work instruction concerning determinations for a Vessel’s Keel Laid Date, providing guidelines for Officers in Charge, Marine Inspection (OCMIs) to determine what may be accepted for the purpose of establishing a vessel’s keel laid date.
The Government of Canada announced it has made amendments to the invitation to qualify (ITQ) for a third National Shipbuilding Strategy shipyard, correcting an inconsistency in the vessel dimensions that shipyards’ must be capable of building and launching.
South Korea’s top three shipyards, Hyundai Heavy Industries Group, Samsung Heavy Industries Co. and Daewoo Shipbuilding & Marine Engineering Co., have received an overall US$12.1 billion won worth of orders, during the first eight months of 2019. This marks a 21.3% reduction from the previous year.
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